28
Apr
13:45
Acerinox expects stainless steel consumption growth in 2016
Spanish stainless steel producer Acerinox reported a €8 million ($m) loss in the first quarter of 2016 due to the “… the difficult market situation, and the continued fall in nickel prices,” the company tells Kallanish. According to Acerinox' first quarter report, the negative result was “…not at all unexpected.” It follows the drop in raw material prices, high stock levels across the wholesale sector, and competition …
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Anonymous
Very good overview of the weekly steel market.
Anonymous